Tag Archives cattle futures

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts on Tuesday closed in positive territory for the first time in 12 sessions, helped by short-covering and futures’ discounts to early-week cash prices, traders said. August live cattle, which will expire on Wednesday, closed up 0.75 cent/lb. to 111.5 cents (all figures US$). Most actively […] Read more

Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts drifted lower on Monday on ample supplies that pressured wholesale beef values and could again hurt cash prices by Friday, traders said. Thinly traded August futures, which will expire on Wednesday, were supported by their discount to last week’s prices for market-ready, or cash, […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange live cattle contracts on Thursday tallied losses for a ninth day in a row, pressured by bearish market fundamentals that offset futures’ discount to cash prices, traders said. August live cattle ended down 0.25 cent/lb., to 112.475 cents (all figures US$). Most actively traded October closed 0.375 cent […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday settled in negative territory for an eighth straight day, and hit a one-month low, following disappointing preliminary cash prices, traders said. August live cattle ended down 0.525 cent/lb. at 112.725 cents (all figures US$). Most actively traded October closed 0.825 cent lower at […] Read more